K RAHEJA CORP

Spanning over 6 decades, K Raheja Corp has grown into a multi-faceted business house with a presence across verticals like residential real estate, commercial real estate, hospitality, retail, malls and more.

Besides innovation and dynamism, the main driving force behind the success of K Raheja Corp is its strong insight into evolving consumer needs and its persistent strife to deliver complete satisfaction to clients. It has been the ever growing passion of the Company to foster distinctive projects that revolutionize the way people live and work.
K Raheja Corp’s endeavor is to transform spaces, as it develops state-of-the-art structures that deliver on both innovation and functionality. With several million square feet developed and much more underway, each of K Raheja Corp’s diverse projects, strive to set a standard of their own.

OUR VISION

To be a trusted leader in the realty industry,
as a creator of enduring experiences for customers, partners and employees alike.

OUR VALUES

Our values are the basis on which we build a strong and shared culture across all functions and regions.

CHANGE & INNOVATION
Ideas before Results We believe in embracing change to stimulate creativity and ingenuity that is central to bringing new products and services for our clients

EFFICIENCY & EXCELLENCE
We focus on results, act with ambition to be operationally competitive

INTEGRITY
We uphold the highest standards of integrity in all of our actions

CUSTOMER CENTRICITY
We strive to add value and inspire our customers because we recognize that they come to us by choice

RESPONSIBILITY
We are willing to take responsibility for our actions and their impact

OUR PROMOTERS

Mr. Chandru L. Raheja

Chairman, K Raheja Corp

Mr. Chandru L Raheja is a well acknowledged authority and a doyen of the real estate industry. Over the last 4 decades, he has played an instrumental role in helping the industry evolve to its present level of sophistication.

It was his farsightedness and guidance that helped K Raheja Corp’s transition from being a real estate developer, to a well-diversified Corporate with successful businesses across the industries of retail with Shoppers Stop and Crossword; retail development with Inorbit Mall; hospitality with eminent hotels like the Renaissance Mumbai Convention Centre, Westin – Hyderabad, Whitefield Marriott - Bengaluru, Four Points by Sheraton – Navi Mumbai, JW Marriott – Juhu and the latest addition - JW Marriott at Sahar-Mumbai. The core business of real estate, in addition to offering residential landmarks with luxury offerings like Vivarea in Mumbai, also houses commercial business parks named Mindspace and Commerzone, and with over 4 lakh employees operating at these commercial spaces, both of them are now the foremost choices for office spaces of large MNCs entering the country.

Mr. Raheja has also steered the Company’s expansion into newer geographies across India viz. Pune, Ahmedabad, Vadodara, Bengaluru, Hyderabad, Coimbatore, Chennai and Goa. Apart from the various awards in the national and international arena, K Raheja Corp is also widely recognised for its contributions in the green building space and its exemplary HR practices, both of which were encouraged and fostered by Mr. Raheja himself. The veteran has been bestowed with the very prestigious Hospitality industry award titled the ‘HIFI Hall of Fame Award’ in 2013; the extremely befitting ‘Lifetime Achievement Award by NDTV Property’ at their 2016 Annual Property Awards ceremony; and the ‘10th CNBC Awaaz Real Estate Awards 2016’ - in recognition for the immeasurable contributions made to the real estate industry.

His leadership style has led to the development of a strong people-first culture in the company and also places a high value on giving back to environment. A philanthropist, Mr. Raheja has actively contributed towards society as a conscious corporate citizen. He is a trustee of the Diabetic Association of India, which specialises in the cure and care of diabetic patients at the S. L. Raheja Hospital in Mumbai; He is also the President of Sadhana Education society which runs L. S. Raheja College of Arts & Commerce located at Juhu, and is also associated with the L. S. Raheja School of Arts and Architecture at Bandra, Mumbai. Mr. Raheja is also an executive member of MDRI, a registered NGO, working actively in the sourcing of bone marrow donors.

With far-sightedness and some of the best in class practices, Mr. C.L. Raheja has set the foundation for a rock solid future for the Group.

Mr. Ravi C. Raheja

Group President, K Raheja Corp

An Entrepreneur, and an MBA from the London Business School, Ravi has almost 25 years of comprehensive experience across real estate, retail and hospitality, right from the grassroots level to the C-suite. His multivariate experience and an inherent acumen for judging correctly has led him to spearhead business development for the Real Estate arm of the Group, and take it to greater heights. He also plays a key role in guiding the teams of finance, corporate strategy and planning, for the retail and hospitality divisions of the Company.

Fueled by his vast experience of over two decades in the industry, Ravi is actively involved in charting the future growth of K Raheja Corp and each of its businesses and has been a catalyst in the company’s evolution from a family owned business to a professionally managed and growing corporate.

A respected name in India Inc. Ravi is an active contributor to the industry through premier forums such as Indian Green Building Council, where he serves as the Chairman (Mumbai chapter), and is also a member of the World Economic Forum.

Known for his benevolence and an innate need to give back to the society, Ravi plays a key role in the group’s philanthropic initiatives through K. Raheja Foundation, Sadhana Education Society and S. L. Raheja Hospital.

Having built an excellent foundation Ravi spearheads the next phase of growth for the Group.

Mr. Neel Raheja

Group President, K Raheja Corp

Real estate scion, Neel Raheja began his odyssey with the family empire at the young age of 18. With a strong background in finance, a degree in Law from the Mumbai University, and an alumnus of the Harvard Business School, Boston, Massachusetts (OPM Program), Neel has extended the brand beyond the realms of real estate, into related areas. Working his way to the top, he has earned his place at the helm of the Company, scaling it to new heights.

K. Raheja Corp was already an established name in the real estate sector; however Neel had a larger vision for the firm and over the last 17 years, has piloted the diversification of the Group’s business from real estate development to retail and hospitality.

The Group President has been instrumental in setting up premium hotels in the country. A few notable luxury properties are The Renaissance Mumbai Convention Centre, J W Marriott Hotel Juhu and Sahar, Whitefield Marriott, Bengaluru and Westin, Hyderabad.

Neel has also been the cornerstone in establishing the K Raheja Corp’s retail brands Shoppers Stop, Inorbit Mall and Crossword, working hand in hand with the best from the industry, growing each brand to where they stand today.

Perceiving the need for intelligent work spaces, he then brought to life ‘Mindspace’ IT Parks across India – currently present in Malad, Mumbai, HITEC City, Hyderabad and Airoli, Navi Mumbai.

A reputed and respected name in the industry, Neel chairs some of the most important committees that shape key industry developments. He is the Co-Chair at CII-National Committee on Real Estate and Housing, Vice Chairman of CORENET, an Advisory Committee member of MCHI-CREDAI, and the Chairman, India Chapter of APREA.

COMMUNITY IMPACT EMPOWER | ENRICH

K Raheja Corp believes Corporate Social Responsibility (CSR) is a very important undertaking and plays a significant role in its business practices. The Group integrates social, environmental and ethical principles into its core offerings, ensuring long-term value for stake-holders. With diversified business offerings, the Company positively impacts lives of a large number of Indians on a daily basis, and its CSR extends further, keeping disadvantaged communities in focus. The CSR programs endeavor to be relevant to the communities it operates in and is implemented in partnership with relevant NGO’s, Governments and other stakeholders.
Worker Welfare, Education, Skill Development, Healthcare and Training are broadly the key focus areas that we work in, though not restricted to.
Through its initiatives, K Raheja Corp endeavors to make a difference across multiple society-impacting areas.

Education

*Established L. S. Raheja College | L. S. Raheja Technical School provides best in-class education facilities for the next gen.

*Elementary education facilities at all construction sites for workers’ children

*Educational institutions created under the Sadhana Education Society

*Educational institutions have been set up for Arts & Commerce as well as Primary & Secondary schooling

Apart from partnering with various communities, the Company has its CSR christened ‘Teaching Tree, ' a CSR initiative which advocates quality education to disadvantaged children by assisting them with enrollment in private schools for a progressive future.

Teaching Tree

Teaching Tree is a K Raheja Corp – Mindspace initiative founded on the premise that education is an investment and serves as the most powerful weapon that can transform our world for the better. As the name suggests, the initiative aims at providing quality education to children of daily wage earners belonging to very low-income groups for them to lead a meaningful and dignified life in the future. We have selected a credible partner to make this mission a success; by joining hands with Teach for India , an NGO that has made a noteworthy contribution in the field of education in the country.

Along with Teach for India, K Raheja Corp empowers the teachers of these schools with better training and exposure to technology. The teachers in turn have an improved impact on the children. Mindspace also galvanizes non-monetary support of employees as well as clients comprising large MNC’s. Through initiatives like the book collection drive, old computer collection drives and art exhibitions where the kids display their innate talent in the space of art within Mindspace. Employees have pledged their time to teach these children in their school. Mindspace, with its strong financial resources along with Teaching Tree’s commitment to this initiative, has achieved noteworthy success by impacting the lives of thousands of children and the Company remains committed to growing these numbers.

The Teaching Tree: Book Donation Drive

The book donation drives resulted in setting up of six libraries in schools for these students.

Year 2016: Kick-starting its very first community–engagement initiative for Teaching Tree was the Book Donation Drive. From previously-read story books to notebooks, this drive welcomed books of all kinds for these young impressionable minds. To ensure responsiveness to the initiative, the children were given an opportunity to address the audience at Mindspace through an extremely heart-warming letter, giving the audience a peek into their lives, their needs, and their requirements, along with the support they need. To ensure ease of purchase of books, Group Company, Crossword Bookstores associated with the event and were present on-ground, offering books at a discounted rate to those who wished to buy fresh books for these discerning students. Employees of K Raheja Corp and our Clients at Mindspace, opened their hearts and shared books.

Year 2017: Book Donation Drive

Year 2017: The outstanding response during the first leg of Teaching Tree’s - Book Donation Drive, encouraged Mindspace to host it once again in June 2017. The collection drive which opened itself to already read books, new story books and notebooks was a community engagement program which saw participation from Clients working out of the Mindspace Business Park as well as employees of K Raheja Corp. Books collected were handed over to the NGO Teach for India, who will utilize them to set up new libraries and re-furbish old libraries in schools that need the assistance.
A live tree shaped book-rack replicating the Teaching Tree symbol in full bloom with the collected books was unveiled in the presence of talented actress Bhanu Sri. For the children, it was a pleasure to receive a mix of interesting books and they were especially excited about the story books. The Two week drive, saw whole-hearted support from the people of Hyderabad and the employees of Mindspace Business Park.

Employee Volunteers

Employees are encouraged to volunteer with the students. They can teach, sing, dance, help them with a difficult subject or simply sit and engage with them in an interesting conversation. The employees have come forward to dedicatedly give time to teach these kids at their respective schools, guiding and mentoring them towards a meaningful life.
The huge participation of employees in this CSR initiative is driven by the unique HR policy of K Raheja Corp that actually pays employees who dedicate a few hours of their official work time.

Teaching Tree Carnival

The Teaching Tree Carnival is a part of K Raheja Corp’s CSR initiative ‘Teaching Tree’. The Central Recreation Garden of Mindspace was home to a stunning display of handmade artifacts, both craft & art, created by the students. A delightful display charmed the 60,000 employees of Mindspace (Madhapur, Hyderabad) and the public. The Carnival symbolized new beginnings for marginalized students, giving them a chance to showcase their innate talent, which very often goes unnoticed because of their impoverished circumstances. This Carnival served as an eye-opener to other corporates to lend their unflinching support for deserving students.

Art was not the only flavor of the day at the Teaching Tree Carnival, as visitors and students enjoyed a host of workshops and games. From stationary products to homemade chocolates, trinkets to handmade bags and live arts to fun game stalls; a creative display was the highlight of the carnival. Students were seen participating in interactive workshops hosted by experts, where they learned the art of origami, how to craft wax products, DIY Pen stands and Bangle Dream Catchers. The visitors also joined the students and had an interactive learning session.

Popular south actress Angana Roy visited the event to encourage the children and also patronized their hand-made artifacts.

Community Upkeep

K Raheja Corp in partnership with Telangana State Industrial Infrastructure Corporation and the Greater Hyderabad Municipal Corporation, have committed to transform Hyderabad’s iconic Durgam Cheruvu Lake. With this initiative, K Raheja Corp has come forward to create a more equitable environment, through a phase–wise plan to revamp the Lake. With the endeavour to provide the Hi-Tech City a meaningful waterfront environment, this development is conceived as value addition to the lake and its surroundings along with the social uplift and urban rejuvenation.

It has been created keeping in mind the objectives as under:

To create a working and active waterfront development

To ensure the existing fabric of the area is unaltered

To protect and enhance the bio-diversity of the Lake and its surroundings

To adopt an ecologically sensitive low carbon footprint approach

Capitalizing on the existing green and bluescapes, flora and fauna, and the ancient rock formations; the lake will be transformed into a space that offers facilities for health and fitness, entertainment, adventure activities, and restoration of scenic beauty.
Work on ground has begun in May 2017, with a phase- wise plan and effective deadlines.

Some designs of the proposed revamped Durgam Cheruvu Lake Waterfront

Worker Welfare

Medical care facilities and a mobile crèche with requisite facilities are provided at all construction sites for the workers. The education of workers’ kids along with their health, sanitation and a meal, are all taken care of by the K Raheja Corp.

Training

Apparel training center, Andhra Pradesh -
This center trains women from remote villages in various skills complementing the apparel industry. These empower them to become financially independent and have a secure life in the future.

Youth readiness training –
he youth from rural and underdeveloped regions of the country are provided training in inherent skills for them to avail of specific employment opportunities for a progressive future.

Healthcare

*S. L. Raheja Hospital– Center of Excellence in Diabetes and Oncology

*MDRI, a registered NGO, working actively with sourcing of bone marrow donors